American National Insurance Co. TX Has $266,000 Position in Grupo Televisa S.A. (TV)

American National Insurance Co. TX maintained its stake in Grupo Televisa S.A. (NYSE:TV) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,925 shares of the company’s stock at the end of the second quarter. American National Insurance Co. TX’s holdings in Grupo Televisa were worth $266,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Blackstone Group L.P. increased its stake in Grupo Televisa by 47.7% in the first quarter. Blackstone Group L.P. now owns 7,681,629 shares of the company’s stock worth $199,261,000 after buying an additional 2,479,160 shares during the last quarter. Capstone Asset Management Co. increased its stake in Grupo Televisa by 0.5% in the first quarter. Capstone Asset Management Co. now owns 79,961 shares of the company’s stock worth $2,074,000 after buying an additional 380 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Grupo Televisa by 4.0% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 13,000 shares of the company’s stock worth $337,000 after buying an additional 500 shares during the last quarter. Comerica Bank increased its stake in Grupo Televisa by 21.6% in the fourth quarter. Comerica Bank now owns 37,973 shares of the company’s stock worth $758,000 after buying an additional 6,753 shares during the last quarter. Finally, World Asset Management Inc increased its stake in Grupo Televisa by 1.5% in the first quarter. World Asset Management Inc now owns 32,092 shares of the company’s stock worth $832,000 after buying an additional 483 shares during the last quarter. Institutional investors and hedge funds own 61.36% of the company’s stock.

Shares of Grupo Televisa S.A. (NYSE:TV) opened at 26.21 on Monday. The firm has a market capitalization of $64.97 billion, a P/E ratio of 315.78 and a beta of 1.30. Grupo Televisa S.A. has a one year low of $19.69 and a one year high of $27.89. The company has a 50-day moving average price of $24.91 and a 200 day moving average price of $24.41.

Grupo Televisa (NYSE:TV) last announced its earnings results on Monday, July 10th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The firm had revenue of $1.25 billion for the quarter. Grupo Televisa had a net margin of 4.69% and a return on equity of 4.62%. Analysts expect that Grupo Televisa S.A. will post $0.70 earnings per share for the current fiscal year.

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A number of analysts have recently commented on TV shares. Zacks Investment Research downgraded Grupo Televisa from a “buy” rating to a “hold” rating in a report on Tuesday, March 28th. HSBC Holdings plc upgraded Grupo Televisa from a “reduce” rating to a “hold” rating in a report on Wednesday, May 24th. ValuEngine upgraded Grupo Televisa from a “sell” rating to a “hold” rating in a report on Wednesday, May 17th. Credit Suisse Group set a $27.00 price objective on Grupo Televisa and gave the stock a “hold” rating in a report on Saturday, July 1st. Finally, BidaskClub upgraded Grupo Televisa from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $26.00.

About Grupo Televisa

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

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